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Hecla Mining Co HL

Alternate Symbol(s):  HL.PR.B

Metals & Mining Silver
Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.


NYSE:HL - Post by User

Hecla Mining Co
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Post by DrBill1on Mar 13, 2012 2:24pm
601 Views
Post# 19663839

Lucky Friday inspector's conclusion

Lucky Friday inspector's conclusion

SPOKANE, Wash. — A federal inspection report indicates that Lucky Friday Mine officials failed to conduct the second of two daily monitoring checks on the day a violent rock burst injured seven miners.

The finding is one of several problems at the mine spelled out in documents from the Mine Safety and Health Administration. The documents were obtained in a Freedom of Information Act request by the Spokesman-Review (https://bit.ly/AbtAnd ).

Federal inspectors ordered mine managers last November to perform twice-daily monitoring of stress building up in rocks in shafts in the underground mine.

An inspector wrote that Hecla Mining disregarded safety by not doing second of two checks on Dec. 14, when a rock burst led to a broken pelvis for one miner and injuries to six others.

Hecla is appealing the inspector's conclusion.

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Information from: The Spokesman-Review, https://www.spokesman.com

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